Identify Each of the Following Actions as Representing Either Saving

question 173

Essay

Identify each of the following actions as representing either saving or investment.
a.Fred uses some of his income to buy government bonds.
b.Julie takes some of her income and buys mutual funds.
c.Alex purchases a new truck for his delivery business using borrowed funds.
d.Elaine uses some of her income to buy stock in a major corporation.
e.Henrietta hires a builder to construct a new home using borrowed funds.

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Definitions:

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli that are similar but not identical to the original conditioned stimulus.

White Rats

Laboratory rats, often of the albino variety, used in research and experiments.

Classical Conditioning

In this learning approach, two stimuli are repeatedly linked, and a reaction that starts out being caused by the second stimulus is in time caused by just the first stimulus.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or gender.